July '06 Flashcards
what happens when a spouse is named in a will, and there is a subsequent divorce
a subsequent divorce operates to revoke all provisions in favor of the former spouse in a will. in that case, if the same or subsequent will does not supercede the provision, the property passes intestate
what happens when a party executes two wills, and the second will does not expressly revoke the first
barring express revocation, the second will takes effect when it is inconsistent with the first
what happens to a tenancy in the entirety after a divorce
a divorce converts the tenancy in the entirety to a tenancy in common, with each party having a 50% stake
if an anti-lapse statute does not apply, what happens if the named beneficiary of a will dies with a spouse
unless the will says to bob’s wife if he dies, and bob has no surviving issue, the bequest/legacy lapses and the item falls into the residue of the estate. if no one is named to inherit the reside, the items pass intestate